Invest in This - 3.87% Yield
With interest rates at an all time low as investors you are searching for an opportunity to achieve a solid return on equity along with the alluring attraction of capital growth from a property in a sought after location.
Currently leased out at $320 per week on a long term lease expiring in August 2017 which works out to be approx 3.87% yield at the reserve price.
This property offers an outstanding location with paramount proximity to Eastland, Eastlink, bus services and an array of quality parks and schools including Mullum Primary School and Norwood Secondary College.
Providing a functional and well proportioned floor-plan across a single level, this easy to maintain BV property is positioned at the front of a quiet complex of 4 and boasts a light filled living room, updated kitchen and meals area, 2 robed bedrooms, laundry, and central bathroom with separate WC.
Additional features include: gas heating, linen press, outdoor courtyard and a car space with additional visitor's parking. Inspect today.
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